Blue Cross Blue Shield settlement payments to begin. Are you getting one?

Blue Cross Blue Shield volition soon statesman distributing colony payments stemming from a $2.67 cardinal people enactment suit alleging the wellness security elephantine broke antitrust laws.

The litigation began successful 2013, erstwhile a people enactment suit was filed against much than 35 Blue Cross Blue Shield wellness security plans. The suit claims the institution broke antitrust laws by limiting marketplace competition, resulting successful accrued premiums and reduced options for customers.

Blue Cross Blue Shield has repeatedly denied these claims, and portion the tribunal didn't scope a last verdict, the lawsuit was settled. Blue Cross Blue Shield did not respond for remark erstwhile contacted by USA TODAY successful February.

Here's what to cognize astir colony payments, including who was eligible, however overmuch the payments are expected to beryllium and erstwhile payments volition beryllium issued.

Who is eligible for a Blue Cross Blue Shield colony payment?

Customers who are eligible for a Blue Cross Blue Shield colony outgo needed to record a assertion by Nov. 5, 2021. If a lawsuit is eligible and did not record by the deadline, the lawsuit volition not person a payment.

The colony outgo includes 2 classes: Individual and Insured Group and Self-Funded Account. Individuals and Insured Groups who were customers betwixt Feb. 7, 2008 and Oct. 16, 2020 whitethorn person been eligible for a outgo and Self-Funded Accounts who were customers betwixt Sept. 1, 2015 and Oct. 16, 2020 whitethorn person been eligible.

How overmuch are the colony payments?

About six cardinal filed claims by the November 2021 deadline, truthful the payouts are expected to beryllium astir $333 per claim.

Though Blue Cross Blue Shield agreed to make a $2.67 cardinal colony fund, lone $1.9 cardinal remains disposable for payout aft deducting lawyer fees, medication expenses and different costs, according to the Blue Cross Blue Shield Settlement website.

When volition colony payments beryllium issued?

The archetypal organisation of payments volition statesman successful May 2026, according to the colony website. Claim notices should person already been emailed to customers.

What is the Blue Cross Blue Shield Association?

The Blue Cross Blue Shield Association is an relation of wellness security companies successful the United States. The companies connection plans to individuals, families and businesses.

Contributing: Presley Bo Tyler, Shreveport Times and David Bruce, Erie Times-News

Greta Cross is simply a nationalist trending newsman astatine USA TODAY. Follow her on X and Instagram @gretalcross. Story idea? Email her at [email protected].

Gabe Hauari is simply a nationalist trending quality newsman astatine USA TODAY. You tin travel him connected X @GabeHauari or email him astatine [email protected].

This nonfiction primitively appeared connected USA TODAY: Blue Cross Blue Shield payments from $2.67B colony statesman successful May